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Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

Foreign investors turned net buyers of Asian bonds in February

On the other hand, Indian bonds saw foreign outflows of USD 844 million in February.

20 March 2019 2:44 PM IST

HCL technologies

HCL Technologies inks USD 1.3 bn managed services agreement with Xerox

HCL manages aspects of Xerox's mechanical, electrical and software activities for printer and imaging product lines.

20 March 2019 1:35 PM IST

The shake-up led to consolidation, with Vodafone Plc merging its Indian operations with Idea Cellular last year in a deal worth $23 billion.

Vodafone Idea sets terms for USD 3.6 billion worth rights issue

Shareholders will be able to buy 87 shares for every 38 shares held for an issue price of 12.50 rupees apiece.

20 March 2019 1:29 PM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi directs FHL, FHsL to recover Rs 403 cr from Singh brothers, 7...

The ruling confirms watchdog's interim order where it found that Singh brothers along with 7 entities diverted Rs 403...

20 March 2019 1:27 PM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

RCom shares continue to gain, rally 10 per cent

On the traded volume front, 150.71 lakh shares were traded on BSE and over 3 crore shares changed hands on NSE.

20 March 2019 1:05 PM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Jet Airways shares drop as crisis deepens

The government has asked state-run banks to rescue the airline without pushing it into bankruptcy.

20 March 2019 12:12 PM IST

Finance ministry has come down heavily on the state-owned general insurers for running their group health insurance business in perennial losses.

People run from pillar to post to get insurance claim: Delhi consumer...

On most occasions, a person who intends to obtain insurance has no choice to say no to a clause in an insurance policy,...

20 March 2019 12:06 PM IST

Mobvista is trying to produce the best practices for identifying and reporting fraud and leveraging technology like machine learning to fight fraud in real time.

Advertising fraud: Biggest Setback in growth of digital advertising,...

Ad fraud is a modern-day epidemic globally and the fact is that there is no single way to tackle the menace of it.

20 March 2019 12:04 PM IST

The deal would help Disney further control TV shows and movies from start to finish. (Photo: AP)

Disney closes USD 71 billion deal for Fox Entertainment assets

Disney also gets a controlling stake in the existing streaming service Hulu.

20 March 2019 11:40 AM IST

According to CMIE, the labour force participation rate fell from 46.1 per cent in 2016-17 to 43.5 per cent in 2017-18. CMIEs latest estimates suggest that the number has plummeted to 42.7 per cent in the first quarter of 2018-19.

From farms to slums, Indian women on sharp end of jobs crisis

Female labour participation rate was merely 23.3 pc in 2017-2018, down about 8 percentage points from 2011-2012.

20 March 2019 10:32 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Sensex, Nifty rise on sustained foreign fund inflow

However, gains were capped as Asian shares fell across the board in line with an overnight drop in US stocks.

20 March 2019 10:19 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee falls 19 paise against US dollar in early trade

Today BSE Sensex gained 28.74 points, or 0.07 per cent, to 38,392.21 in early deals.

20 March 2019 10:11 AM IST